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Iran economy on road to recovery as domestic production grows

Source : Reuters / 24 Apr 2013

Iran's economy has become more robust as domestic production has grown to offset a 14 percent fall in imports in 2012, sparked by a drop in its currency value, after the central bank was hit by economic sanctions, Iran's finance minister said on Tuesday.


Turkey gold exports to Iran resume despite tough U.S. sanctions

Source : Reuters / 30 Mar 2013

Turkey exported almost $120million worth of gold to Iran in February, data showed, suggesting the two countries’ trade of gold for natural gas has resumed despite tighter U.S. sanctions, though at levels below last year’s peaks.

U.S. officials have sought to prevent Turkish gold exports from providing a financial lifeline to Tehran, which has been largely frozen out of the global banking system by Western sanctions over its nuclear program.


Pakistan-Iran pipeline work 'to begin on 11 March'

By AFP / 2 Mar 2013

A consortium will start work next week on a much delayed $7.5 billion gas pipeline from Pakistan to Iran despite American warnings of possible sanctions, Pakistani officials said Friday.

The date was announced after Pakistani President Asif Ali Zardari held talks in Tehran with Iranian counterpart Mahmoud Ahmadinejad and supreme leader Ayatollah Ali Khamenei, who urged Islamabad to press ahead with the project.


Fajr Intl. Poetry Festival kicks off in Persian Gulf island

Source : Presstv / 5 Feb 2013

The seventh edition of Fajr International Poetry Festival has kicked off in the Iranian southern island of Kharg located in the Persian Gulf.

A number of cultural officials and literary scholars attended the opening ceremony held in Kharg island today, February 5.

Over 2000 poets from Iran and 15 other countries have taken part in this year’s literary event to vie in six different sections, said the festival’s Secretary General Reza Hamidi.


Iran discovers 14 billion barrels of crude oil reserves

Source: Presstv / 22 Jan 2013

Iran has discovered 14 billion barrels of crude oil reserves during the first three quarters of the current Persian calendar year (started March 20, 2012), an Iranian deputy oil minister says.

In a Monday interview, Mohsen Khojasteh-Mehr noted that during the previous Iranian year (ended March 19, 2012), the country discovered 20 billion barrels of crude oil.


Iran’s exports USD330 million in hand-woven carpets

Source : Presstv / 21 Jan 2013

A senior Iranian business official says the Islamic Republic has exported USD330 million worth of hand-woven Persian carpets in the first nine months of the current Iranian calendar year (started March 20, 2012).

Iran National Carpet Center's Deputy Director for Marketing Mojtaba Feizollahi said South Africa, Russia, Brazil, China and Indonesia are new markets of Iranian rugs.


Ahmadinejad: Iran must reduce oil dependence


Source: Al Jazeera and agencies / 17 Jan 2013

President Mahmoud Ahmadinejad said Iran must move away from dependence on oil revenue to overcome Western sanctions that have slowed the economy and disrupted foreign trade.

"We have to change the flow of wealth and capital into the country. Problems will remain as long as this doesn't change... 25 percent of the gross national product is concentrated in Tehran. We need to make sure that the money is invested not just in one city but all over the country," Ahmedinejad said.


Sanctions aim to paralyze Iran economy: Minister


Source : Presstv / 11 Jan 2013

Iran's Minister of Industry, Mine and Trade Mehdi Ghazanfari says sanctions against the Islamic Republic aim to paralyze the country’s economy.

“The aim of [anti-Iran] sanctions is to paralyze our economy and to put people under pressure and in distress,” Ghazanfari said on Thursday.


On the killing of children and others, domestic and foreign

by Lawrence Davidson / 28 Dec 2012

Here is part of an Associated Press announcement appearing in U.S. papers on 20 December 2012: “Declaring the time for action overdue, President Obama promised on Wednesday [19 December] to send Congress broad proposals in January for tightening gun laws and curbing violence after last week’s schoolhouse massacre in Connecticut.”


Iranian scientists make fresh water using solar energy

Source : Agencies | 20 Dec 2012

Researchers at Islamic Azad University made it to the production of a fresh-water-producing machine using solar energy; and a smart, unmanned, high-speed watercraft.

The machine absorbing atmosphere humidity in seaside cities and producing fresh water is one of Islamic Azad University researchers’ innovations, Mehr News Agency reported. 


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